Mahindra Ideal Finance Fixed Deposit Rates — October 2026
Finance company
Rates last verified
Mahindra Ideal Finance publishes 2 fixed deposit products covering 8 tenures. Below are its current rates, how each one ranks against the 65 standard deposits we track, and what LKR 1,000,000 earns after tax. View the Mahindra Ideal Finance profile.
What Mahindra Ideal Finance pays you — and how it compares
Fixed Deposits · 12 months (1 year)
9.75%
LKR 1,087,750 at maturity · LKR 87,750 interest after AIT
Ranks #34 of 44 institutions. The best, Richard Pieris Finance at 13.50%, would pay LKR 33,750 more. Market average: 10.31%.
How it ranks in the market
1 month
7.50%
#33 of 51 · -0.39 vs avg
3 months
8.00%
#39 of 49 · -0.96 vs avg
6 months
8.50%
#41 of 51 · -0.99 vs avg
12 months (1 year)
9.75%
#38 of 54 · -0.56 vs avg
24 months (2 years)
10.75%
#36 of 52 · -0.47 vs avg
36 months (3 years)
11.25%
#27 of 51 · -0.40 vs avg
48 months (4 years)
12.25%
#23 of 50 · +0.18 vs avg
60 months (5 years)
13.00%
#24 of 50 · -0.13 vs avg
Similar institutions paying more for 12 months (1 year)
Richard Pieris Finance13.50%+LKR 33,750 on LKR 1,000,000 after AIT vs Mahindra Ideal Finance
SMB Finance PLC12.88%+LKR 28,170 on LKR 1,000,000 after AIT vs Mahindra Ideal Finance
Softlogic Finance12.88%+LKR 28,170 on LKR 1,000,000 after AIT vs Mahindra Ideal Finance
Commercial Credit Finance12.75%+LKR 27,000 on LKR 1,000,000 after AIT vs Mahindra Ideal Finance
Fixed Deposits
Standard deposit
| Tenure | Rate p.a. | LKR 1M at maturity (after AIT) |
|---|---|---|
| 1 month | 7.50% | LKR 1,005,625 |
| 3 months | 8.00% | LKR 1,018,000 |
| 6 months | 8.50% | LKR 1,038,250 |
| 12 months | 9.75% | LKR 1,087,750 |
| 24 months | 10.75% | LKR 1,193,500 |
| 36 months | 11.25% | LKR 1,303,750 |
| 48 months | 12.25% | LKR 1,441,000 |
| 60 months | 13.00% | LKR 1,585,000 |
- Minimum deposit of LKR.50,000/-
- Tenure between 01 month to 05 years.
- Attractive Interest rates payable in monthly, quarterly, bi annually, yearly or at maturity.
- Cash-backed loans up to 80% of FD value
Senior Citizen
Senior citizens (60+)
| Tenure | Rate p.a. | LKR 1M at maturity (after AIT) |
|---|---|---|
| 1 month | 7.50% | LKR 1,005,625 |
| 3 months | 8.00% | LKR 1,018,000 |
| 6 months | 8.50% | LKR 1,038,250 |
| 12 months | 10.25% | LKR 1,092,250 |
| 24 months | 11.00% | LKR 1,198,000 |
| 36 months | 11.50% | LKR 1,310,500 |
| 48 months | 12.75% | LKR 1,459,000 |
| 60 months | 13.50% | LKR 1,607,500 |
- Experience the benefits of our Senior Citizen Fixed Deposit scheme, where retirees are rewarded with higher interest rates.
- Designed to complement a relaxed and comfortable retirement, this scheme allows you to earn from your hard-earned money while you sit back and relax.
- With competitive interest rates tailored for senior citizens, you can enjoy peace of mind knowing that your savings are growing steadily.
- Take advantage of this opportunity to maximise your returns and ensure financial security during your retirement years.
Frequently asked questions
What is the highest FD rate at Mahindra Ideal Finance?
Mahindra Ideal Finance's highest published rate is 13.50% p.a. for 60 months on its Senior Citizen.
How does Mahindra Ideal Finance's 1-year FD rate compare?
Mahindra Ideal Finance pays up to 10.25% for 12 months, below the market average of 10.31%; the best 12-month rate anywhere is 13.50% at Richard Pieris Finance.
How many fixed deposit products does Mahindra Ideal Finance offer?
We list 2 fixed deposit products from Mahindra Ideal Finance: Fixed Deposits, Senior Citizen.
Rates are indicative, collected from each institution's published rate sheet, and can change without notice. Returns assume simple interest paid at maturity with 10% AIT withheld. Anybanq is a comparison service, not a bank, and this is not financial advice — confirm the final rate and terms with the institution.